Board of DirectorsTom HeinzenLynn KotheLee BruckerCarl AndersonTom HirteBob OehrleinJim NimlosDan StoltzJim TagliaSupervisory CommitteeGreg FouksCecilia JohnsonJohn BergesonTina BlageoMike Swenson

banking experience. SPIRE now has 20 branch locations in Minnesota!

The lifeblood for most credit unions is lending, and SPIRE has experienced incredible loan growth in recent years. The uptick began in 2016, when our loan portfolio grew more than the previous three years combined. In 2017 and 2018, loans grew at astounding rates of 23% and 20% respectively, far exceeding industry averages. Last year, loans grew 10.4% as there continues to be a strong demand in real estate lending. Even more amazing, our loan delinquency is far below state and national averages with this unprecedented loan growth.

In March of 2019, SPIRE launched an all-new Visa® program with .25% of every credit card purchase directly benefiting a SPIRE cause. More than $165,000 was given away in the first 10 months of

SPIRE Credit Union hosted 4,426 guests at its 86th Annual Meeting and Member Appreciation Day on February 15, 2020, at Grace Church. The event featured financial education sessions, a business meeting and inspiring performances from chalk artist, Bob Upgren and St. Paul’s own, Circus Juventas. SPIRE gave each registered guest $25 upon exiting. Our guests also donated 1,400 pounds of food to help support Family Pathways’ nine food shelves and their mobile food pantry!

FROM THE DESK OFDAN STOLTZSPIRE just completed the best year in its 86-year history. SPIRE’s net income of $9 million in 2019 was an all-time high as we surpassed $1.2 billion in assets, and now proudly serve over 125,000 members (which makes SPIRE the third-largest credit union in Minnesota in terms of membership). Our focus continues to be service to our members, making every decision intentional and in your

the program, and an expected $225,000 will be donated in 2020. SPIRE’s give-back efforts impacted an estimated 50,000 lives throughout 2019, through 560 community events, 210 organizations supported, and $275,000 in total donations.

While we are celebrating a prosperous 2019 with you, our member-owners, we remain cognizant of the challenges ahead. Some economists predict an economic slowdown by the end of 2020, and an overall uncertainty in the global landscape, but SPIRE is prepared to adapt quickly. We have an experienced leadership team focused on a strategic, intentional and disciplined approach that will guide us in pursuit of being not the biggest... but the BEST FINANCIAL SERVICES PROVIDER IN MINNESOTA!

best interest. SPIRE is big enough to know how, and small enough to know you.

SPIRE partnered with and merged in two healthy credit unions in 2019. In July, Energy Services Federal Credit Union with a branch in St Cloud merged with SPIRE. In December, Electrus Federal Credit Union with a branch in Brooklyn Center joined as a division of SPIRE. The challenges of offering state-of-art technology, rising regulatory costs and the low-interest-rate environment continues to drive consolidation within the credit union industry. For SPIRE, gaining scale will help us to continue to be able to offer you the best products and services for the best value. Mergers create a win/win for everyone.

SPIRE will continue to offer “brick and click” options, providing convenient branch locations along with a first-rate digital

SPRING 2020

SAVE | SPEND | BORROW | BUSINESS | PLAN

A QUARTERLY PUBLICATION FOR MEMBERS OF SPIRE CREDIT UNION

Federally Insured by NCUA

EASY STEPS TO PREVENT FRAUDIt can be overwhelming to keep up with all the fraud scams out there. The best tactic may be prevention. SPIRE recommends these three ways to help protect your identity.

Freeze your and your minor children’s credit. It’s easy, convenient and free. This is the best way to prevent someone from opening credit in your name. You can still use any credit cards you may have and it doesn’t impact your credit score. Visit ftc.gov and search “credit freeze” to get started.

Review your credit annually. Checking your credit file once per year is an easy and free way to make sure that fraudsters aren’t using your information. The only company that offers this service entirely free is annualcreditreport.com

Set up alerts for all of your financial accounts, credit cards, online banking, or any place that has your personal financial information stored. The sooner you identify an issue, the easier it is to stop it and fix it.

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SPIRE is excited to announce a major upgrade to our current Internet and mobile banking platforms to a better, all-new Digital Banking experience.

ANY DEVICE | SAME EXPERIENCESPIRE’s new Digital Banking will give you a seamless experience across all platforms.

ONLINE PAYMENTS FOR SPIRE LOANS & CARDSYou will be able to see and make payments to all your SPIRE loans — including your mortgage — and Visa® credit cards within SPIRE Digital Banking! No more going to a separate portal and having to remember another username and password.

ALL YOUR SPIRE ACCOUNTS | ONE LOGINDo you have several accounts with SPIRE? Great! With SPIRE Digital Banking, you’ll only have to remember one username and one password to see all your accounts! Do you want someone else to see your account? No problem! You can grant or remove access to anyone you choose at any time. Each person will setup their own username so your login information stays private.

GET READYIn the coming weeks, watch your email in-box with tips on how you can get ready for the upgrade, as well as

highlights of some of the new features. If you aren’t receiving these emails, contact SPIRE.You can also find up-to-date information on myspire.com/digitalbanking.

Please make sure we have your current contact information so you don’t miss a beat when it’s time to upgrade!

ALL-NEW DIGITAL BANKING AT SPIRE

Blaine Branch8700 University Ave NW • Blaine, MN 55448Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Brooklyn CenterElectrus - A Division of SPIRE7100 Brooklyn Blvd • Brooklyn Center, MN 55429Limited Services. 24-Hour Drive-Up ATM. Cashless Branch.

Coon Rapids Branch3380 Northdale Boulevard NW Coon Rapids, MN 55448Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Eagan Branch1251 Town Centre Drive • Eagan, MN 55123Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Eden Prairie Branch8577 Columbine Rd • Eden Prairie, MN 55344Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Elk River Branch17035 Yale Court NW • Elk River, MN 55330Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Safe Deposit Boxes Available. Night Depository.

Hopkins Branch1541 Highway 7 • Hopkins, MN 55305Coin Counter Available During Lobby Hours. 24-Hour ATM. Night Depository.

Isle Branch390 Isle Street West • Isle, MN 56342Coin Counter Available During Lobby Hours. 24-Hour ATM. Safe Deposit Boxes Available. Night Depository.

Maple Grove Branch9580 Blackoaks Lane NMaple Grove, MN 55311Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Milaca Branch400 3rd Avenue SW • Milaca, MN 56353Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Safe Deposit Boxes Available. Night Depository.

Minneapolis Branch3117 University Avenue SE Minneapolis, MN 55414Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

SPIRE is the Official Checking Accountof the St. Paul Saints

SPIRE welcomes Justin Burleson as Senior Vice President, Chief Operating Officer (COO). Justin is a former Supervisory Examiner for the National Credit Union Administration (NCUA), the agency that insures deposits and regulates federally insured credit unions. He will oversee Risk Management, Security, Human Resources, and Facilities for SPIRE.

Congratulations! Five SPIRE members each were awarded a $1,000 scholarship from the Foundation Scholarship Council (FSC) to pursue their higher-education dreams!

Dylan Abboud | Reese Thompson | Shane Thompson | Herbert Schnabel | Kaden Czech

MEET SPIRE’S NEWEST LEADERS

SAINTS SPECIAL TICKET OFFER

As a SPIRE member, enjoy this great deal! Bring the whole family!

$16 = 1 Outfield Reserve Ticket + Saints Hat ($29 value)

Purchase tickets online at saintsgroups.comPassword: SPIRE

Tickets are NOT available for purchase at SPIRE branches.

Alex Mendes recently joined SPIRE as Senior Vice President, Chief Financial and Technology Officer (CFO). He comes with 31 years of experience, most recently as CFO with $1.4 billion Inspirus Credit Union. Alex started his career with some of the largest and most prestigious global financial institutions in New York City. He will maintain strategic oversight of SPIRE’s Asset-Liability Management, Finance, Corporate Investments Programs and Information Technology.

Mora Branch112 South Lake Street • Mora, MN 55051Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Safe Deposit Boxes Available. Night Depository.

Ogilvie Branch200 West Highway 23 • Ogilvie, MN 56358Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Pine City Branch900 Main Street S. • Pine City, MN 55063Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Safe Deposit Boxes Available. Night Depository.

Princeton Branch501 South 2nd Street • Princeton, MN 55371Coin Counter Available During Lobby Hours. 24-Hour ATM. Safe Deposit Boxes Available. Night Depository.

Roseville Branch1880 Perimeter Drive • Roseville, MN 55113Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

St. Paul BranchCray Plaza at Galtier Towers 380 Jackson Street • Suite 279 St. Paul, MN 55101Coin Counter Available During Lobby Hours. ATM. Night Depository.

St. Cloud Branch600 25th Ave S • Suite 101 St. Cloud, MN 56301

Vadnais Heights Branch940 Co Road E East • Vadnais Heights, MN 55127Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Woodbury Branch195 Radio Drive • Woodbury, MN 55125Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

SPIRE Credit Union is happy to announce our new mascot, Cash!

Cash is a playful rescue dog from the Midwest. He loves people, taking rides in SPIRE’s 1952 Ford pick-up, Archie, and improving lives. Cash is loyal, lovable and intelligent.

Cash helps make saving fun for kids under 12.

All SPIRE kids accountsautomatically became a SPIRE Puppy Pal Account on April 1, 2020.

New name - same great account:• Earn dividends on any balance• No minimum-balance fee

Introducing... Puppy Pal AccountsPuppy Pal Accounts

DATE TIME EVENT LOCATIONMay 2 9 am-Noon Spring Shred Day Princeton, Maple Grove & EaganJune 4 6 pm Rum River Days Parade Princeton

20 12 pm Rockin’ Rogers Grand Parade Rogers6/19-6/21 All day Back to the 50s MN State Fairgrounds25 6 pm Oakdale Summerfest Ted Bearth Grande Parade Oakdale29 6:15 pm Rose Parade Roseville

Saturday, May 2 from 9am to 12pm | FREE FOR SPIRE MEMBERS

PRINCETON • MAPLE GROVE • EAGAN LOCATIONS ONLY

Clean out your personal files in asafe and secure way

CONTACT CENTER HOURSMonday—Thursday ...............8:00 a.m.—5:00 p.m.Friday.........................................8:00 a.m.—6:00 p.m.Saturday...................................8:30 a.m.—12:00 p.m.

mySPIRE.com651.215.3500888.34.SPIRE

All SPIRE locations will be closed on May 25 in observance of Memorial Day.

Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. SPIRE Retirement & Investment Services is a trade name of SPIRE Credit Union. Infinex and SPIRE Credit Union are not affiliated. Products and services made available through Infinex are not insured by the NCUA or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any credit union or credit union affiliate. These products are subject to investment risk, including the possible loss of value.

Please direct all correspondence and loan payments to:P.O. Box 130670 Roseville, MN 55113

Steve Carlson, CFP®

651.641.2174 scarlson@myspire.com

Blaine, Coon Rapids & Elk River

Ryan Finc320.679.8118

rfinc@myspire.comIsle, Milaca, Mora, Ogilvie,

Pine City & Princeton

Donald Sundt651.641.2192

dsundt@myspire.com Eden Prairie, Minneapolis,

Hopkins, Maple Grove & Roseville

Wendy Maczko, CRPC® 651.641.2378

wmaczko@myspire.com Eagan, Vadnais Heights &

Woodbury

CALL TO SET UP AN APPOINTMENT | 651.641.2298

MH5PA5 8113067View the digital edition anytime at myspire.com/inspire. SPIRE Credit Union is an Equal Employment Opportunity/Affirmative Action Employer

Joseph Johnston651.641.2188

jjohnston@myspire.com St. Paul

109 YEARS OF COMBINED EXPERIENCE